AmTec, Terremark merge

Stockholders of AmTec, an international telecommunications company, have signed off on its pending merger with Terremark Holdings, the Miami real estate company building the state's tallest tower and owner of Boca Raton's Blue Lake Corporate Center. The merged company is now known as Terremark Worldwide (AMEX: TWW) and is headquartered in Miami's Terremark Centre. Miami real estate magnate Manuel D. Medina has been elected chairman, president and CEO of Terremark.